Houmas House Foundation

Analysis

Houmas House Foundation is a registered charity in United States, based in Darrow, LA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Houmas House Foundation reported income of $1.3m and spending of $478k, leaving 62% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $7.2m to $1.3m (-83%), an average of -44% a year. The sharpest change came in the year to December 2022, when income rose by 315%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houmas House Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include Hawaiian Mission Childrens Society ($1.3m), Essex National Heritage Commission Inc ($1.3m) and Global Livingston Institute ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. At year end it held assets of $10.7m against liabilities of $0, net assets of $10.7m.